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Monday, January 12, 2015

WET SEAL CLOSES AT WESTFIELD MONTGOMERY MALL (PHOTOS)

Reeling from a net loss of over $100 million in 2014, apparel retailer Wet Seal is closing many stores, and has laid off 3695 employees nationwide in the process. Some of those newly-unemployed workers are right here in Bethesda.

This is only the latest downward spiral for the chain, which was forced to settle a lawsuit alleging it was intentionally hiring more white store employees to "lighten up" the racial diversity of its staff.